50.1K

Verified Solution

Link Copied!

need to find the equipment balance?

Saved Interest Payable Deferred Revenue 2, 600 8, 600 26,000 Supplies Expense Utilities Expense 6, 600 5,600 Notes Payable Required: Prepare a trial balance by placing amounts in the appropriate debit or credit column and determining the balance of the Equipment account. BRUINS COMPANY Trial Balance November 30 Accounts Debit Credit Cash 36,000 Accounts Receivable 46,000 Supplies Prepaid Rent Accounts Payable 1,000 2,600 16,600 Salaries Payable Interest Payable 4,600 2,600 8,600 Deferred Revenue Notes Payable Common Stock Retained Eamings 26,000 46,000 31,000 1,000 Dividends Service Revenue Salaries Expense Rent Expense 61,000 26,000 11.600 Interest Expense 2,600 Supplies Expense Utilities Expense 6,600 5,600 Equipment Totals 139,000 S 196.400 Prev 5 of 6 Next > Saved Interest Payable Deferred Revenue 2, 600 8, 600 26,000 Supplies Expense Utilities Expense 6, 600 5,600 Notes Payable Required: Prepare a trial balance by placing amounts in the appropriate debit or credit column and determining the balance of the Equipment account. BRUINS COMPANY Trial Balance November 30 Accounts Debit Credit Cash 36,000 Accounts Receivable 46,000 Supplies Prepaid Rent Accounts Payable 1,000 2,600 16,600 Salaries Payable Interest Payable 4,600 2,600 8,600 Deferred Revenue Notes Payable Common Stock Retained Eamings 26,000 46,000 31,000 1,000 Dividends Service Revenue Salaries Expense Rent Expense 61,000 26,000 11.600 Interest Expense 2,600 Supplies Expense Utilities Expense 6,600 5,600 Equipment Totals 139,000 S 196.400 Prev 5 of 6 Next >

Answer & Explanation Solved by verified expert

See Answer